Issue - meetings

Report of the Cabinet Member Built Environment

RESOLVED that:

1. The Trustees of Third Sector Services be granted a full repairing and insuring lease of the above premises for a term of 15 years and at a rent to be stated in the lease of £10,560 per annum (exclusive) and subject to five yearly rent reviews.
2. Authority be delegated to the Head of Property & Asset Management, in consultation with the Head of Legal Services, to negotiate and finalise the remaining lease terms with the Trustees of Third Sector Services
3. Subject to the Head of Property and Asset Management reaching an early and satisfactory agreement on all lease terms, the subsidised rent of 100% of the rent in accordance with the Council’s agreed Property Lettings and Disposals to the Third Sector policy be approved.
4. The subsidy is to be fully reviewed at the same time as the corresponding five yearly rent review dates. 

The Cabinet Member Built Environment introduced the report which asked the Council to consider entering into a formal lease of the Sandford Park Offices to the Trustees of Third Sector Services (a community-based volunteer organisation), on a subsidised rental basis rather than at full market rent.

He highlighted the valuable contribution of Third Sector Services to the community, the local economy and the environment and thus its contribution to the Council’s corporate and community plan objectives.

The Cabinet Member Community Development and Finance emphasised the essential role of Third Sector Services in running community transport particularly in view of cuts to public transport which has negatively impacted upon the elderly and the disabled.

The Leader of the Council commended the work that had been undertaken in putting this policy in place and agreed that this was a sensible way forward. He informed members the policy was being shared at the Gloucestershire Leadership level as a good model to work to.

RESOLVED that:

1. The Trustees of Third Sector Services be granted a full repairing and insuring lease of the above premises for a term of 15 years and at a rent to be stated in the lease of £10,560 per annum (exclusive) and subject to five yearly rent reviews.
2. Authority be delegated to the Head of Property & Asset Management, in consultation with the Head of Legal Services, to negotiate and finalise the remaining lease terms with the Trustees of Third Sector Services
3. Subject to the Head of Property and Asset Management reaching an early and satisfactory agreement on all lease terms, the subsidised rent of 100% of the rent in accordance with the Council’s agreed Property Lettings and Disposals to the Third Sector policy be approved.
4. The subsidy is to be fully reviewed at the same time as the corresponding five yearly rent review dates.